A/Wall if you have 20 and 30 that box is missing # so you will need to times and you will get something like this 20×30=60 and that's the missing #
B/Its going to be about 768 so you need to times and if you don't get 768
When calculating the loan's effective rate, the most accurate statement is that the effective rate will exceed the nominal rate.
<h3>Effective Annual Rate:</h3>
The interest rate for the entire year is known as the effective annual rate (EAR). Interest charges are incurred when a company uses debt or capital leases to fund its operations.
Interest is reported on the income statement, but it can also be generated on an investment or paid on a loan over time due to compounding interest.
It is frequently larger than the marginal rate and is used to compare various financial products with different compounding periods, such as weekly, monthly, and yearly.
The effective yearly interest rate rises over time as the number of compounding periods increases.
Therefore, the correct option is A.
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Answer:
14/13
Step-by-step explanation:
the reciprocal is the fraction upside down.
2009 - 1894 = 115
That appears to be the same number as
the one that appears in Choice-'B'.